Surging petrol prices drive record EV sales in Europe in March

Surging petrol prices drive record EV sales in Europe in March

Asia One·2026-04-14 12:02

High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global EV sales growth this year, data by consultancy Benchmark Mineral Intelligence showed on Tuesday (April 14)

Governments worldwide have capped fuel prices to shield motorists from soaring costs after the war in Iran, which erupted on Feb 28, disrupted a key shipping route carrying about 20 per cent of global oil supplies.

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